Books aren’t just about fun and entertainment - they are also about learning stuff and increasing your brain’s thinking capabilities. A successful trader has to be smart for sure, that’s why we made up a list of books worth checking out.
Keep in mind that the theme of crypto is bound with the news, so these books won’t tell you anything connected to ongoing events or trends. However, they will provide you with basic knowledge about the crypto world or the skills you need to master for conquering it.
Let’s come straight to it
The Internet of Money
Andreas M. Antonopoulos has 718k subscribers on his Twitter page and can certainly be clarified as a Bitcoin expert. The book is a gathering of his thoughts, ideas and talks about why crypto is so important in the future world and what global changes it brings.
Recommended to people, who have close to zero understanding of the topic and to those, who still think, that crypto is a synonym to dark-net and black market.
How to DeFi (2021 edition)
CoinGecko is a 100% legit source and this book has been written by the platform’s employees. Consisting of an advanced and a beginner editions it gives you a general idea of what different DeFI sectors (Stablecoins, DEXs, etc.) are in the beginner variant and continues to teach you what Decentralised Finances are actually all about.
Recommended to lower-intermediate crypto enthusiasts, who would like to expand their knowledge on the DeFI topic.
How to NFT
Also written by CoinGecko this book can surely give you some useful tips on NFTs and help you to profit from apes, kitties, penguins, dragons and all other sorts of tokens, available for trade right now.
Also recommended to lower-intermediate crypto enthusiasts, but the ones who would like to expand their knowledge on the NFT topic, rather than DeFi.
Market Wizards Series (1989-1992)
You could accuse us of putting a 30 year-old book on a list of books about the one of the most up to date technologies, but hear me out. Jack Schwager did a significant job by interviewing most top traders on Wall Street and packing their thoughts into 5 incredibly pleasant to read books. The idea is to use their advice for trading not the assets they used to trade, but crypto. At the end of the day, everything in this world is cyclical - even trading.
Recommended to intermediate traders, trying to become even better at flipping coins, but wanting to do it in a more enjoyable way.
Principles
Ray Dalio can be easily called one of the most successful traders humanity has ever known. He has proved his reliability not by just having some successful deals, but by becoming a multi-billionaire and this book shares his thoughts, strategies and ideas of investments with us.
Can be recommended to people, who are still wondering what investment strategy to pick and are interested in knowing more about how successful people actually succeed.
Worth mentioning: Fooled by randomness
This book has actually nothing to do with crypto itself, but it teaches you not a less important lesson. Nassim Taleb’s work makes it clear that not all the goals in our lives are achieved just by pure dedication, but they also require a bit of luck. Learning to not confuse luck for skill is also really important for an investor.
Recommended to basically everyone because of how good and mind changing this book is.
And that’s it - our return-article is coming to an end, but we would like to point out that reading can be really addictive and lead to procrastination, so focus on the result, other than on how many books have you read in a lifetime.
